Kostrzewa - Former N.Y. Times exec returns to City by the Sea

Janet L. Robinson, the former Newport school teacher who went on to run the business side of the New York Times Co., has returned to her roots.

John Kostrzewa Assistant Managing Editor johnkostrzewa

Janet L. Robinson, the former Newport school teacher who went on to run the business side of the New York Times Co., has returned to her roots.

John Kostrzewa

Robinson, 62, has been appointed to the board of trustees at OceanPoint Financial Partners, in Newport, and to the board of directors of its subsidiary, BankNewport. She resides in Newport and New York City, the company said.

Robinson is a Fall River native who graduated from Salve Regina College in 1972 and worked as a school teacher in Somerset and Newport for 11 years before joining the New York Times. In 2004, she became the first woman named president and CEO of the Times.

She left the media company as president and chief executive in December, 2011 with a retirement package worth a reported $15 million, including pension benefits and a consulting fee.

Yes, she will be paid a stipend for board service at OceanPoint and BankNewport, but the company declined to disclose the amount.
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